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Ian Nacho

Leicester at risk of another Premier League PSR charge over latest accounts

By Ian Nacho, in Leicester City Forum

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CosbehFox

CosbehFox

Posted
Posted (edited)
7 minutes ago, coolhandfox said:

Have you ask the Brighton fans? 

 

Expectation change, with that what you deem as success change in line with those expectations. 

 

I follow a couple of them on twitter/x, lads the same age as me in mid 30s and they seem pretty relaxed about this season. Despite it being a backwards motion from last season. 

 

This was put elsewhere on the forum - https://www.northstandchat.com/threads/have-we-spunked-our-money-on-average-players-or.411226/

Edited by CosbehFox
  • Like 1
OnlyOneCity

OnlyOneCity

Posted
Posted
4 hours ago, Daggers said:

Nothing changes until you all stop supporting their ineptitude. 
 

Nothing changes with forum posts, nothing changes with homemade banners, nothing changes with a hurty chant or a little march.
 

Nothing changes until you all stay away and don’t buy/use your tickets. Nothing changes until you snap out of being a good little King Power consumer. 

Easier said than done for most fans. Yes the running of the club at the moment is abysmal and embarrassing, but it’s the players on the pitch who we go to see and give our support to. The management and many years ago, directors who never seemed to put any money into the club, were always seen as the enemy. I have no intention of boycotting the team I love and don’t feel guilty in doing so, when told on here it’s what I should be doing.

  • Like 1
  • Popular Post
Finnegan

Finnegan

Posted
  • Popular Post
Posted

"We ****ed up, so Brighton will" is a poor argument really. There's myriad obstacles in the way stopping a club outside of the "big six" from breaking that group. 

 

Villa, Newcastle, Everton and Leicester have very much experienced, to different degrees, the challenges of trying to spend your way in to their club. You could argue that even Man City are under pressure for being "new money."

 

Forest will be the next ones up to the chopping blocky, having had an early skirmish already. 

 

But the rules being harsh on ambitious clubs and the club being badly or well run isn't mutually exclusive. Yes, the game is rigged against us but we're still also a poorly run club with some good departments. Yes, we've got commendable facilities and a scouting team capable of finding gems but we didn't just fail PSR and wind up here because the rules are unfair, we're here because the squad was very badly mismanaged. 

 

There's absolutely no reason that Brighton, Bournemouth, Fulham or Brentford will follow us here. Brighton and Brentford in particular are two very, very well run sporting institutions. Yeah, they'll experience some of the same challenges we did and yeah, we're also good at some of the things they are. 

 

But the collective sum of their parts is much better than ours because they're run by smarter businessmen in the context of sporting success and their clubs are set up intelligently with the right type and calibre of staff for the Premier League while we've got massive holes. 

 

  • Like 14
filbertway

filbertway

Posted
Posted
5 minutes ago, CosbehFox said:

Sorry to keep picking on you - my point is illustrated here Brighton's moment in the sun has now lasted 8 years (you could argue longer). That's pretty mad for a club in my childhood who were playing out of an Athletics track or at Gillingham. If it goes south for them, they won't return to their historical mean of the third division. 

 

The likes of Villa and Newcastle are more of a comparison piece. They have huge revenues, appoint big names as sporting directors yet can't sustain CL football for more than a season. In fact miss European football all together in Newcastle's case and still trophy-less for a combined 80 years (although Toon look good to change that soon). 

 

Yep, the goal posts keep getting moved for Brighton as well.

 

Them and Brentford really have no business being in the Premier League for any long period of time, the fact that they're both consistently competitive teams at the top level is a testament to what good ownership can do for a club. 

 

Brentford being in an around the top 6 on the championship would usually be impressive, but to be operating fairly comfortably in the Premier league is insanely impressive.

 

The difference between these 2 and other clubs is that I think they will be able to successfully consistently evolve their squads without getting hung up on holding onto certain players.

  • Like 1
dmayne7

dmayne7

Posted
Posted
1 hour ago, lcfc_forever said:

Fofana is one example. We beat Milan to his signature, and wages would have been part of the reason why. 

I knew West Ham were in for him but never heard of Milan being interested. And we're still talking about a guy who has played 20 games and forced the move through because he knew he'd get lots more money than what he could where he was. But I don't think that was a case of Leicester will pay me much more than West Ham or AC Milan, more than he'd just massively increase his wages.

kingfox

kingfox

Posted
Posted
1 hour ago, davieG said:

Our wages are the tipping point which also stopped us selling unwanted players 

Looking back over our situation, maybe our wage structure was actually the starting point of this mess. 
 

Something must’ve obviously changed in between or on the back of those two fifth placed finishes. That’s when we seemingly started to dish out these ridiculous and undeserved contracts. Was their clauses in players contracts for rises due to where we finished in the Premier League, or did the likes of Top, Rudkin and co do it out of goodwill for what the players achieved in the league. 
 

There was clearly a turning point somewhere, dishing out wages as if we were on the brink of being a top six club was a ridiculous move, having the 7th highest wage bill in the Premier League when relegated has harmed us massively. 

Jattdogg

Jattdogg

Posted
Posted

The fact that we are talking about staying in the epl for an extended time (like an unflushable turd) as an accomplishment without ever having a true, realistic chance of winning the league is what's wrong with football. We all know our time was an anomaly. Happens once in a blue moon type thing.

 

Salary caps!

 

st albans fox

st albans fox

Posted
Posted
2 hours ago, Finnegan said:

"We ****ed up, so Brighton will" is a poor argument really. There's myriad obstacles in the way stopping a club outside of the "big six" from breaking that group. 

 

Villa, Newcastle, Everton and Leicester have very much experienced, to different degrees, the challenges of trying to spend your way in to their club. You could argue that even Man City are under pressure for being "new money."

 

Forest will be the next ones up to the chopping blocky, having had an early skirmish already. 

 

But the rules being harsh on ambitious clubs and the club being badly or well run isn't mutually exclusive. Yes, the game is rigged against us but we're still also a poorly run club with some good departments. Yes, we've got commendable facilities and a scouting team capable of finding gems but we didn't just fail PSR and wind up here because the rules are unfair, we're here because the squad was very badly mismanaged. 

 

There's absolutely no reason that Brighton, Bournemouth, Fulham or Brentford will follow us here. Brighton and Brentford in particular are two very, very well run sporting institutions. Yeah, they'll experience some of the same challenges we did and yeah, we're also good at some of the things they are. 

 

But the collective sum of their parts is much better than ours because they're run by smarter businessmen in the context of sporting success and their clubs are set up intelligently with the right type and calibre of staff for the Premier League while we've got massive holes. 

 

Brighton won’t fail - Tony bloom is a clever bloke and understands his place in the food chain. He’s not scared to sell players at the top of their value and trust his model to find replacements.  There often already at the club.  He’s happy to finish 7th and get conference league whilst making large profits to slowly pay himself back the hundreds of millions he’s ploughed into the club to build the stadium etc. 

  • Like 3
lcfc_forever

lcfc_forever

Posted
Posted
2 hours ago, dmayne7 said:

I knew West Ham were in for him but never heard of Milan being interested. And we're still talking about a guy who has played 20 games and forced the move through because he knew he'd get lots more money than what he could where he was. But I don't think that was a case of Leicester will pay me much more than West Ham or AC Milan, more than he'd just massively increase his wages.

Milan definitely were reported to be at the time. 

Ashley

Ashley

Posted
Posted

Just listen to the High performance podcast from Paul Barber - Brighton CEO. 

 

He gets it. Brighton get it. This is where we should be. 

 

 

  • Like 3
davieG

davieG

Posted
Posted
29 minutes ago, Ashley said:

Just listen to the High performance podcast from Paul Barber - Brighton CEO. 

 

He gets it. Brighton get it. This is where we WERE

 

 

 

Ashley

Ashley

Posted
Posted
7 minutes ago, davieG said:

 

Possibly. Brighton probably infront of us in all of it. I posted the link in another thread but we'll worth the listen.

hackneyfox

hackneyfox

Posted
Posted
23 hours ago, Stopharage said:

When are any of the incompetent arseholes that supposedly run this ship going to walk the plank? It's infuriating. No-one is accountable for the whole sorry mess, other than managers. We pay over the odds for players who are clearly not priority purchases and have a squad which is bloated in some positions and threadbare in others. Chucking the odd Thai delicacy and a Chang at supporters is like putting a plaster on a severed limb. 

 

Regardless of whether we have breached PSR rules or not, it's glaringly obvious that we are continually on the edge of breaking them. How can they be so negligent as custodians of the club? If we've broken these rules, we should have the book thrown at us and those responsible have to fall on their sword. We need new leadership in, a wholesale change to the way the club is run and a focus on financial prudence. This subterfuge, bending of the rules and looking for loopholes just makes us look like we're a shady outfit and besmirches the global reputation that 2015/16 afforded us. We're a basket case at the moment. 

Other clubs have broken PSR, a number of others are close to it. 

Numerous clubs are bending the rules and looking for loopholes.

If you want your club to be holier than thou then find another sport.

9 hours ago, Claudio Fannieri said:

I agree they haven’t reached the levels we did but Brighton have got into Europe, and continue to challenge whilst the others are up there in the mix this season for top 7 also.
 

What I am saying is we stepped away from our model and as a consequence we hamstrung ourselves and ended up masters of our downfall. 
 

Cold hard facts PSR did not make us offer Hamza a new contract on £60k per week, nor did it force us to offer Danny Ward an extension on £40k per week whilst handing out eye watering wages to Daka and Soumare. 
 

In reality we should have cashed in on Hamza 3/4 seasons ago when it was clear he was never going to be anymore than squad cover, we may have only got £4/5m

at the time but that would have covered year one of Daka or Soumare’s amortised fee, likewise we turned down £4/5m for Iversen from Palace last summer and then loaned him out for next to nothing to Stoke in January, again this would have been entire profit, which massively helps with PSR compliance. 

How long have you worked for Leicester and/or Hamza/Ward?

How else could you, or anybody else,  possibly have an inkling of what they earn?

  • Like 1
OntarioFox

OntarioFox

Posted
Posted
4 hours ago, Finnegan said:

"We ****ed up, so Brighton will" is a poor argument really. There's myriad obstacles in the way stopping a club outside of the "big six" from breaking that group. 

 

Villa, Newcastle, Everton and Leicester have very much experienced, to different degrees, the challenges of trying to spend your way in to their club. You could argue that even Man City are under pressure for being "new money."

 

Forest will be the next ones up to the chopping blocky, having had an early skirmish already. 

 

But the rules being harsh on ambitious clubs and the club being badly or well run isn't mutually exclusive. Yes, the game is rigged against us but we're still also a poorly run club with some good departments. Yes, we've got commendable facilities and a scouting team capable of finding gems but we didn't just fail PSR and wind up here because the rules are unfair, we're here because the squad was very badly mismanaged. 

 

There's absolutely no reason that Brighton, Bournemouth, Fulham or Brentford will follow us here. Brighton and Brentford in particular are two very, very well run sporting institutions. Yeah, they'll experience some of the same challenges we did and yeah, we're also good at some of the things they are. 

 

But the collective sum of their parts is much better than ours because they're run by smarter businessmen in the context of sporting success and their clubs are set up intelligently with the right type and calibre of staff for the Premier League while we've got massive holes. 

 

An eloquent, six-paragraph piece that all leads to insulting Jon Rudkin? Post of the year. :ph34r:

  • Haha 1
hackneyfox

hackneyfox

Posted
Posted
1 minute ago, ClaphamFox said:

Apparently TalkSport are about to run a segment on our PSR situation…

That'll be the normal talkshite from start to finish then.

It will of course lead to another 12 pages of vitriol on here.

Does anyone want to buy a horse hair shirt?

  • Haha 1
Lesta2014

Lesta2014

Posted
Posted
26 minutes ago, ClaphamFox said:

Apparently TalkSport are about to run a segment on our PSR situation…

Rob Tanner was on it, unfortunately we’re just saying bye when told radio on so no idea what he said! 

ClaphamFox

ClaphamFox

Posted
Posted
2 minutes ago, lcfcfoz said:

He said off the record maybe a few points. Considering forest had 4. I think he meant we would have 2

Not sure how much Tanner knows, but this seems like a plausible outcome to me.

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